Health Savings Account

Paying for health care is one of the most important, yet burdensome at times, costs encountered in life. Proactively saving money to use for medical expenses - both expected and unexpected - is smart planning. To help plan ahead, consider opening a Health Savings Account (HSA).

An HSA is a pre-tax savings account that can be used to pay for a variety of medical costs including qualified deductibles and copayments. Often times, money from HSA funds can be used in conjunction with eligible health insurance plans.

No monthly service charge if:

The average monthly balance in the HSA bank account is greater than $4,000.
Otherwise, it's tiered based on the average daily balance in your account:

Fifth Third Bank may change the amount or type of any of the above fees or add additional fees at any time in accordance with the terms of the Health Savings Custodial Account Agreement.

1. If your account is opened through an Employer-based plan then your Employer or TPA may pay your One-time Enrollment Fee. Please refer to your Employer-provided benefits information to understand if your Employer pays this fee for you.

2. If your account is opened through an Employer-based plan then your Employer or TPA may pay your Monthly HSA Service Fee. Please refer to your Employer-provided benefits information to understand if your Employer pays this fee for you. If your employment is terminated for any reason, you will be responsible for payment of the Monthly HSA Service Fee which is currently set based on the balance in your account. Please refer to the Health Savings Account Monthly Service Charge section for additional information. If you have a monthly average balance greater than $4,000.00 your Monthly HSA Service Fee is waived.

3. Fee is charged and deducted at the time the account is closed/rolled over to another institution. Any account with no transactional activity within 180 days of account opening will be closed. Any account maintaining a $0.00 balance for 16 consecutive months will be closed. *The fee will be the lesser of $25.00 or the remaining balance in your account at time of closure/rollover request.

4. Please refer to each individual fund prospectus for fees related to the mutual funds available through the Fifth Third Bank HSA Investment Plan. A balance of $2,000.00 in the HSA cash account is required before investing in mutual funds. You will be charged an Investment Administration Fee totaling 20 basis points annually. (Basis points are typically used to measure interest rates and other financial percentages. One basis point equals 1/100th or 0.01% of your total average investment account balance.) This fee will be applied to your HSA Investment Account at the end of each calendar quarter in increments of 5 basis points, or 0.05% of the total average balance in your investment account.

Additional Disclosures: Fifth Third Bank does not provide tax or accounting advice. Please consult an accountant or tax advisor for professional advice on these areas. For a complete list of qualified medical expenses, please visit www.irs.gov. Mutual Fund investments are not FDIC-Insured, have no bank guarantee, and are subject to investment risk, including possible loss of the principle amount invested. Deposit balances are insured up to the maximum amount permitted by law. Please see www.fdic.gov for insurance coverage. Fifth Third reserves the right to refuse any deposit.

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